Technical analysis by tradecitypro about Symbol 1INCH on 7/6/2025

tradecitypro

👋 Welcome to TradeCity Pro!In this analysis, I want to review the 1INCH coin for you. It’s one of the DeFi coins, with a market cap of $256 million, ranked 162 on CoinMarketCap.⏳ 4-Hour TimeframeAs you can see in the 4-hour timeframe, this coin is sitting on a support floor at the 0.1668 zone and has formed a range box at this bottom.🔔 There’s a key supply zone at the top of this range box, which I’ve marked as a range for you, and currently, the price is inside this zone.📊 Given the significant buying volume that has entered this coin, the price has penetrated into this range and is testing it for the several-th time.✨ If this range is broken, we can confirm the bullish reversal of this coin and open a long position. Volume has already given us confirmation, and if RSI enters the Overbuy area, that will be our momentum confirmation.🔼 The next resistance levels for this coin—which we can consider as targets—are 0.2031 and 0.2207.✔️ If the price gets rejected from this zone, it may move back down toward the 0.1668 floor. For a short position, we can enter if 0.1668 is broken.📉 However, if we get confirmation of rejection from the zone, we can look for an early entry trigger in the lower timeframes.📝 Final ThoughtsThis analysis reflects our opinions and is not financial advice.Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️